Ann: Quarterly Activities Report and Appendix 5B, page-5

The cash on hand in the company gets distributed fully back to shareholders after all outstanding expenses are paid. Then the company winds up and shares are cancelled. They benefit is, shareholders maximise the full value of the cash backing. If they relist on the ASX they will be required to provide a 2-3 year budget against future exploration and development that they have disclosed as being a minimum of $16m, which means DNK will be valued at cash backing less budget allocation which could be at a 50% discount to current cash backing. Then if the projects are risky the market will most likely discount the shares further. A shareholder will be better off taking the cash now and investing it in a fully franked dividend paying company, like a bank or a diversified industrial.